AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In May 2015, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the implementation of a project destined for a more efficient use of the hydroelectric power plant in Lauca.The post-export credit agreement was signed on 28 May 2015. The loan amount is USD 500 million at an annual interest rate of 3.7 percent. The loan matured in November 2015.
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